<p style="text-align: justify;"><span style="font-weight: bold;">Turmeric Powder,

Coriander Powder and Chilli Powder Processing Industry. Start a Masala Factory.
Spices Production Business</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>With spice, comes flavors
and regular foods become luscious in taste. Each spice has a different texture,
unique aroma, and enhancing features that bring out the best of the ingredients and
make food delectable.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India, known as the home of
spices, boasts a long history of trading with the ancient civilizations of Rome and
China. Today, Indian spices are the most sought-after globally, given their
exquisite aroma, texture, taste and medicinal value. India has the largest domestic
market for spices in the world. Traditionally, spices in India have been grown in
small land holdings, with organic farming gaining prominence in recent
times.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Turmeric (Curcuma
longa) </span></strong><span>is native to Asia and India. The tuberous rhizomes or
underground stems of turmeric have been used from antiquity as condiments, a dye
and as an aromatic stimulant in several medicines. Turmeric is very important spice
in India, which produces nearly entire whole world&rsquo;s crop and consumes 80% of
it. India is by far the largest producer and exporter of turmeric in the world.
Turmeric occupies about 6% of the total area under spices and condiments in
India.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Turmeric has been
India&rsquo;s golden spice for the past five centuries. It is one of those few
Indian products having both commercials as well as mythological significance.
Turmeric is used not only in the culinary item but also as cosmetics in almost
every Indian household. Turmeric has been used in Asia for thousands of years and
is a major part of Ayurveda, unman, and traditional Chinese medicine. It was first
used as a dye, and then later for its supposed properties in folk
medicine.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Turmeric is one of the key
ingredients in many Asian dishes, imparting mustard like earthy aroma and pungent,
slightly bitter flavor to foods. Turmeric is used mostly in savory dishes but also
is used in some sweet dishes, such as the cake stuffing. Turmeric paper also called
Curcuma paper; this paper is steeped in a tincture of turmeric and allowed to dry.
It is used in chemical analysis as an indicator of acidity and
alkalinity.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Dhania
Powder</span></strong><span> is the need of every Indian cuisine. Coriander or
dhaniya is an indispensible spice in Indian as well as in all other cuisines. There
is no distinct evidence on its place of origin but it is believed to be a native of
southern Europe. Although it is now widely cultivated all over the world for its
green leaves, seed production is largely concentrated in India. It is
scientifically known as Coriandrum sativum.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Chilli
Powder</span></strong><span> is a world renowned spice that is used in many
cuisines and recipes of various cultures to add a tangy taste to them. India is one
of the largest consumer and exporter of chillies.</span><span> </span><span>It is
often referred to as a type of pepper due to its matching taste but interestingly
it is not even close to the family of piper nigrum rather it belongs to the family
of capsicum. Chillies come in different colors, varieties, fragrances, sizes etc.
but are similar in structure i.e. a hollow, seed containing and tube like
structure. A substance known by the name of Capsaicin results in the pungent flavor
of the fruit.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>&nbsp;</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Market
Outlook</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>The demand for Indian
spices used all over the world has not only increased the demand for vegetarian and
non-vegetarian recipes to be filled with tasteful and medicinal qualities, but
their use in the cosmetics industry has increased in record quantities this year.
</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Total spices export from
India stood at 1.08 billion kgs, valued at US$ 3.11 billion in the year 2017-18.
Between Apr-Oct 2018, 621.98 kgs of spices worth US$ 1.84 billion have been
exported.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Top 10 importers of Indian
spices between Apr-Oct 2018 were the US, China, Vietnam, Hong Kong, Bangladesh,
Thailand, UK, UAE, Malaysia and Sri Lanka.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>During 2017-18, top 10
exported spices and spice products in terms of value were Chilli, Mint products,
Spice Oils &amp; Oleoresins, Cumin, Turmeric, Pepper, Curry powders/paste, Cardamom
seeds, other spices (Tamarind, Asafoetida, and Cassia) and Garlic.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is known to trade
around 50 percent of spices by volume, all over the world. As per the latest news
and research, there is a high demand of spices around the globe and the country is
predicted to export powdered and other spices like oils, seasoning, oleoresins, and
extracts.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India imports round about
0.1 Million tonnes of spices which is being re-exported. Several Indian states like
Gujarat, Rajasthan, Andhra Pradesh, Orissa and Madhya Pradesh are the leading
states that produce Spices India.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The Indian spices market is
projected to reach approximately USD 18 billion by 2020 with growth in the sector
is expected to be led by branded spices and spice mixes. The Indian government is
aggressively promoting spice exports through various initiatives such as setting up
of spice parks. Spice Parks offer common processing facilities to both producers
and exporters.</span></p>
<p class="MsoNormal" style="text-align:
justify;"><strong><span>Turmeric</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the largest
producer, consumer and exporter of turmeric in the world. Indian turmeric is
considered to be the best in the world market because of its high curcumin content.
India accounts for about 80 per cent of world turmeric production and 60 per cent
of world exports. Other major producers are Pakistan, China, Haiti, Jamaica, Peru,
Taiwan and Thailand. Asian countries consume much of their turmeric
production.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The important turmeric
growing States in India are, Andhra Pradesh, Tamil Nadu, Orissa, Maharastra, Assam,
Kerala, Karnataka and West Bengal, in which Andhra Pradesh occupies 40 per cent of
total turmeric area followed by Orissa and Tamil Nadu occupying 17 per cent and 13
per cent of total turmeric area respectively. In terms of production Andhra Pradesh
accounts 60 per cent of total turmeric production in India followed by Tamil Nadu
(13 per cent) and Orissa (12 per cent).</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The market is expected to
be valued at more than US$ 1,300 Mn by the end of 2027, representing absolute $
opportunity of close to US$ 40 Mn in 2017 over 2016 and an incremental $
opportunity of nearly US$ 600 Mn between 2017 and 2027. On the other hand the sales
of turmeric in Eastern Europe is expected to remain low as compared to other
regions throughout the forecast period and is expected to account for a revenue
share of little more than 4% by 2027 end. </span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Key market players in
turmeric market mainly belong to Asia Pacific region, some of the major players of
this industry are Nain agro foods, earth Expo Company, curcuminea, Sino-nature, MDH
Spices, ITC Spices, Tag Agro Products and Shah Ratanshi Himeji and co. among
others.</span></p>
<p class="MsoNormal" style="text-align:
justify;"><strong><span>Dhania</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the largest
producer and consumer of coriander seed.</span> <span>Madhya Pradesh, Gujarat and
Rajasthan are the main coriander producing states in the country, accounting for
85-90 per cent of production.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the biggest
producer, consumer and exporter of coriander in the world with an annual production
averaging around 3 lakh tonnes. The production fluctuates widely between years and
has varied from below 2 lakh tonnes to above 4 lakh tonnes in this
decade.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Rajasthan (54%) and Madhya
Pradesh (17%) are the two largest producing states in the country contributing over
two-thirds to the country's total production in 2006-07. The other producers are
Gujarat (6.9%), Assam (6.6%), Andhra Pradesh (3.5%, Karnataka (3.3%), Orissa (3.2%)
and Tamil Nadu (2%)</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Coriander for seed
cultivation is grown as a rabi crop with sowing undertaken during October -
November and new crop arrivals seen in February - March.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The major domestic buyers
of coriander seed in India are spice processing agencies, which consume around 50%
of the production are mostly located in the southern states of India and Delhi. The
demand from this sector peaks during April to June, which also coincides with the
peak arrival period.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Chilli
Powder</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>The large demand of chilli
is made by several chilli consuming countries as it forms part of cuisines of
various cultures and is also used as a coloring agent. Most of its demand is
generated in the food processing sector. The following countries are the major
consumers of the world with India again leading the list</span></p>
<p class="MsoListParagraphCxSpFirst" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>India</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>China</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Mexico</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Thailand</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>United States of America</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>United Kingdom</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Germany</span></p>
<p class="MsoListParagraphCxSpLast" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Sweden</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is also the largest
consumer and exporter of chilli crop. It consumes about 90% of the total produce of
the country. The demand from the chilli powder-growing sector constitutes to 30% of
the total production in the country. Exports of chillies sum up to around one lakh
tons, which makes 33% of the total spices exported from the country. Chilli powder,
dried chillies, pickled chillies and chilli oleoresins are some of the forms in
which this crop is exported. The major importers of chillies from India are United
States of America, Sri Lanka, Bangladesh, Nepal, Mexico, Canada, United Kingdom,
Saudi Arabia, Singapore, Malaysia and Germany.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the only country
that is rich in many varieties of chilli and there is immense potential to further
grow and export the different varieties that are required by different markets
around the world.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Global Spice
Market</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>The global market for
spices has witnessed continued demand during the last few years and is estimated to
reach 83,468 kilo tons by 2022, at a CAGR of 2.84% from 2016 to 2022. Increase in
versatile demand across various food and beverage segments particularly for
convenience foods and beverages is likely to drive the global spices market during
forecast period 2016 to 2022.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The leading market players
in the global spices market primarily are McCormick &amp; Co., Inc. (U.S.), Olam
International (Singapore), Everest Spices (India), B&amp;G Foods Holdings Corp.
(U.S.), Cerebos Gregg&rsquo;s Limited (New Zealand), MTR Foods Private Limited
(India), Mahashian Di Hatti Limited (MDH)(India) and ITC Spices (India)</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The rising consumer
awareness about the medicinal properties of a number of spices including turmeric,
cloves, and cinnamon used for various fungal and bacterial infections will further
drive the market growth in the near future. Antibiotic property of spices is likely
to increase its demand during the forecast period. To tap into emerging markets,
manufacturers are continually introducing new product portfolio, thereby driving
seasonings and spices market revenue. </span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Spice exports contribute to
nation&rsquo;s gross income considerably in countries like China, India, Africa and
the Middle East. Spices are generally sold at premium spices and also in greater
demand which can further enhance export revenues in major spice producing
countries. Spices farming mechanism starts at grass root level conserving the
generative and renewing capacity of the soil, plant nutrition, and soil management,
yields nutritious food rich in vitality which has resistance to diseases.
Increasing demand of natural flavoring and coloring agents in food, medicinal
properties and health benefits are driving the spices market. There is high demand
for spices from regions like Asia Pacific, Middle East and Europe.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Based on the product type,
the global market is segmented into individual and mixed spices, salt substitutes,
salt, pepper, dried herbs, and others. Among these, salt substitutes are projected
to contribute significantly towards global seasonings and spice market size over
the forecast period.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Changing consumer food
habits and an increasing number of dedicated restaurants for Thai, French, and
Italian food are a few more factors fueling the demand for spices and seasonings on
a global level. Growing popularity of organic spices and seasonings is expected to
continue trending by the end of 2020, boosting the revenues of the global market.
Organic segment is currently at a nascent stage, and will offer lucrative growth
opportunities. Certain spices and herbs even find important application in the
medical therapy field. This also is a promising factor that can potentially propel
the demand.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>&nbsp;</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>&nbsp;</span></p>
<p class="MsoNormal" style="text-align:
justify;"><strong><span>Tags</span></strong></p>
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<h2>
<span id="lblName">Turmeric Powder, Coriander Powder
and Chilli Powder Processing Industry</span><br />
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<td><b>Capacity:</b></td>
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<span id="lblCapacity">0</span>
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<td><b>Plant and machinery cost:</b></td>
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<span id="lblPlantandmachinerycost">0.00</span>
Lakh</td>
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<td><b>Working Capital:</b></td>
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<span id="lblWorkingCapital">0.00</span>
Lakh</td>
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<td><b>Rate of return(ROR):</b></td>
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<span id="lblRateofreturn">0.00</span> %</td>
 </tr>
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<td><b>Break Even Point (BEP):</b></td>

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<span id="lblBreakEvenPoint">0.00</span> %</td>
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<td><b>TCI:</b></td>
<td>
<span id="lblTCI">0.00</span> Lakh</td>
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<td><b>Cost of Project:</b></td>
<td>
<span id="lblCostofProject">0.00</span>
Lakh</td>
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<td>
<span id="lblDescription"><p style="text-align:
justify;"><span style="font-weight: bold;">Turmeric Powder, Coriander Powder and
Chilli Powder Processing Industry. Start a Masala Factory. Spices Production
Business</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>With spice, comes flavors
and regular foods become luscious in taste. Each spice has a different texture,
unique aroma, and enhancing features that bring out the best of the ingredients and
make food delectable.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India, known as the home of
spices, boasts a long history of trading with the ancient civilizations of Rome and
China. Today, Indian spices are the most sought-after globally, given their
exquisite aroma, texture, taste and medicinal value. India has the largest domestic
market for spices in the world. Traditionally, spices in India have been grown in
small land holdings, with organic farming gaining prominence in recent
times.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Turmeric (Curcuma
longa) </span></strong><span>is native to Asia and India. The tuberous rhizomes or
underground stems of turmeric have been used from antiquity as condiments, a dye
and as an aromatic stimulant in several medicines. Turmeric is very important spice
in India, which produces nearly entire whole world&rsquo;s crop and consumes 80% of
it. India is by far the largest producer and exporter of turmeric in the world.
Turmeric occupies about 6% of the total area under spices and condiments in
India.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Turmeric has been
India&rsquo;s golden spice for the past five centuries. It is one of those few
Indian products having both commercials as well as mythological significance.
Turmeric is used not only in the culinary item but also as cosmetics in almost
every Indian household. Turmeric has been used in Asia for thousands of years and
is a major part of Ayurveda, unman, and traditional Chinese medicine. It was first
used as a dye, and then later for its supposed properties in folk
medicine.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Turmeric is one of the key
ingredients in many Asian dishes, imparting mustard like earthy aroma and pungent,
slightly bitter flavor to foods. Turmeric is used mostly in savory dishes but also
is used in some sweet dishes, such as the cake stuffing. Turmeric paper also called
Curcuma paper; this paper is steeped in a tincture of turmeric and allowed to dry.
It is used in chemical analysis as an indicator of acidity and
alkalinity.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Dhania
Powder</span></strong><span> is the need of every Indian cuisine. Coriander or
dhaniya is an indispensible spice in Indian as well as in all other cuisines. There
is no distinct evidence on its place of origin but it is believed to be a native of
southern Europe. Although it is now widely cultivated all over the world for its
green leaves, seed production is largely concentrated in India. It is
scientifically known as Coriandrum sativum.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Chilli
Powder</span></strong><span> is a world renowned spice that is used in many
cuisines and recipes of various cultures to add a tangy taste to them. India is one
of the largest consumer and exporter of chillies.</span><span> </span><span>It is
often referred to as a type of pepper due to its matching taste but interestingly
it is not even close to the family of piper nigrum rather it belongs to the family
of capsicum. Chillies come in different colors, varieties, fragrances, sizes etc.
but are similar in structure i.e. a hollow, seed containing and tube like
structure. A substance known by the name of Capsaicin results in the pungent flavor
of the fruit.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>&nbsp;</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Market
Outlook</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>The demand for Indian
spices used all over the world has not only increased the demand for vegetarian and
non-vegetarian recipes to be filled with tasteful and medicinal qualities, but
their use in the cosmetics industry has increased in record quantities this year.
</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Total spices export from
India stood at 1.08 billion kgs, valued at US$ 3.11 billion in the year 2017-18.
Between Apr-Oct 2018, 621.98 kgs of spices worth US$ 1.84 billion have been
exported.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Top 10 importers of Indian
spices between Apr-Oct 2018 were the US, China, Vietnam, Hong Kong, Bangladesh,
Thailand, UK, UAE, Malaysia and Sri Lanka.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>During 2017-18, top 10
exported spices and spice products in terms of value were Chilli, Mint products,
Spice Oils &amp; Oleoresins, Cumin, Turmeric, Pepper, Curry powders/paste, Cardamom
seeds, other spices (Tamarind, Asafoetida, and Cassia) and Garlic.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is known to trade
around 50 percent of spices by volume, all over the world. As per the latest news
and research, there is a high demand of spices around the globe and the country is
predicted to export powdered and other spices like oils, seasoning, oleoresins, and
extracts.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India imports round about
0.1 Million tonnes of spices which is being re-exported. Several Indian states like
Gujarat, Rajasthan, Andhra Pradesh, Orissa and Madhya Pradesh are the leading
states that produce Spices India.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The Indian spices market is
projected to reach approximately USD 18 billion by 2020 with growth in the sector
is expected to be led by branded spices and spice mixes. The Indian government is
aggressively promoting spice exports through various initiatives such as setting up
of spice parks. Spice Parks offer common processing facilities to both producers
and exporters.</span></p>
<p class="MsoNormal" style="text-align:
justify;"><strong><span>Turmeric</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the largest
producer, consumer and exporter of turmeric in the world. Indian turmeric is
considered to be the best in the world market because of its high curcumin content.
India accounts for about 80 per cent of world turmeric production and 60 per cent
of world exports. Other major producers are Pakistan, China, Haiti, Jamaica, Peru,
Taiwan and Thailand. Asian countries consume much of their turmeric
production.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The important turmeric
growing States in India are, Andhra Pradesh, Tamil Nadu, Orissa, Maharastra, Assam,
Kerala, Karnataka and West Bengal, in which Andhra Pradesh occupies 40 per cent of
total turmeric area followed by Orissa and Tamil Nadu occupying 17 per cent and 13
per cent of total turmeric area respectively. In terms of production Andhra Pradesh
accounts 60 per cent of total turmeric production in India followed by Tamil Nadu
(13 per cent) and Orissa (12 per cent).</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The market is expected to
be valued at more than US$ 1,300 Mn by the end of 2027, representing absolute $
opportunity of close to US$ 40 Mn in 2017 over 2016 and an incremental $
opportunity of nearly US$ 600 Mn between 2017 and 2027. On the other hand the sales
of turmeric in Eastern Europe is expected to remain low as compared to other
regions throughout the forecast period and is expected to account for a revenue
share of little more than 4% by 2027 end. </span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Key market players in
turmeric market mainly belong to Asia Pacific region, some of the major players of
this industry are Nain agro foods, earth Expo Company, curcuminea, Sino-nature, MDH
Spices, ITC Spices, Tag Agro Products and Shah Ratanshi Himeji and co. among
others.</span></p>
<p class="MsoNormal" style="text-align:
justify;"><strong><span>Dhania</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the largest
producer and consumer of coriander seed.</span> <span>Madhya Pradesh, Gujarat and
Rajasthan are the main coriander producing states in the country, accounting for
85-90 per cent of production.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the biggest
producer, consumer and exporter of coriander in the world with an annual production
averaging around 3 lakh tonnes. The production fluctuates widely between years and
has varied from below 2 lakh tonnes to above 4 lakh tonnes in this
decade.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Rajasthan (54%) and Madhya
Pradesh (17%) are the two largest producing states in the country contributing over
two-thirds to the country's total production in 2006-07. The other producers are
Gujarat (6.9%), Assam (6.6%), Andhra Pradesh (3.5%, Karnataka (3.3%), Orissa (3.2%)
and Tamil Nadu (2%)</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Coriander for seed
cultivation is grown as a rabi crop with sowing undertaken during October -
November and new crop arrivals seen in February - March.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The major domestic buyers
of coriander seed in India are spice processing agencies, which consume around 50%
of the production are mostly located in the southern states of India and Delhi. The
demand from this sector peaks during April to June, which also coincides with the
peak arrival period.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Chilli
Powder</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>The large demand of chilli
is made by several chilli consuming countries as it forms part of cuisines of
various cultures and is also used as a coloring agent. Most of its demand is
generated in the food processing sector. The following countries are the major
consumers of the world with India again leading the list</span></p>
<p class="MsoListParagraphCxSpFirst" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>India</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>China</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Mexico</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Thailand</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>United States of America</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>United Kingdom</span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Germany</span></p>
<p class="MsoListParagraphCxSpLast" style="text-align: justify;"><!--[if !
supportLists]--
><span><span>&middot;<span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></span></span><!--[endif]--><span>Sweden</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is also the largest
consumer and exporter of chilli crop. It consumes about 90% of the total produce of
the country. The demand from the chilli powder-growing sector constitutes to 30% of
the total production in the country. Exports of chillies sum up to around one lakh
tons, which makes 33% of the total spices exported from the country. Chilli powder,
dried chillies, pickled chillies and chilli oleoresins are some of the forms in
which this crop is exported. The major importers of chillies from India are United
States of America, Sri Lanka, Bangladesh, Nepal, Mexico, Canada, United Kingdom,
Saudi Arabia, Singapore, Malaysia and Germany.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>India is the only country
that is rich in many varieties of chilli and there is immense potential to further
grow and export the different varieties that are required by different markets
around the world.</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span>Global Spice
Market</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><span>The global market for
spices has witnessed continued demand during the last few years and is estimated to
reach 83,468 kilo tons by 2022, at a CAGR of 2.84% from 2016 to 2022. Increase in
versatile demand across various food and beverage segments particularly for
convenience foods and beverages is likely to drive the global spices market during
forecast period 2016 to 2022.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The leading market players
in the global spices market primarily are McCormick &amp; Co., Inc. (U.S.), Olam
International (Singapore), Everest Spices (India), B&amp;G Foods Holdings Corp.
(U.S.), Cerebos Gregg&rsquo;s Limited (New Zealand), MTR Foods Private Limited
(India), Mahashian Di Hatti Limited (MDH)(India) and ITC Spices (India)</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>The rising consumer
awareness about the medicinal properties of a number of spices including turmeric,
cloves, and cinnamon used for various fungal and bacterial infections will further
drive the market growth in the near future. Antibiotic property of spices is likely
to increase its demand during the forecast period. To tap into emerging markets,
manufacturers are continually introducing new product portfolio, thereby driving
seasonings and spices market revenue. </span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Spice exports contribute to
nation&rsquo;s gross income considerably in countries like China, India, Africa and
the Middle East. Spices are generally sold at premium spices and also in greater
demand which can further enhance export revenues in major spice producing
countries. Spices farming mechanism starts at grass root level conserving the
generative and renewing capacity of the soil, plant nutrition, and soil management,
yields nutritious food rich in vitality which has resistance to diseases.
Increasing demand of natural flavoring and coloring agents in food, medicinal
properties and health benefits are driving the spices market. There is high demand
for spices from regions like Asia Pacific, Middle East and Europe.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Based on the product type,
the global market is segmented into individual and mixed spices, salt substitutes,
salt, pepper, dried herbs, and others. Among these, salt substitutes are projected
to contribute significantly towards global seasonings and spice market size over
the forecast period.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>Changing consumer food
habits and an increasing number of dedicated restaurants for Thai, French, and
Italian food are a few more factors fueling the demand for spices and seasonings on
a global level. Growing popularity of organic spices and seasonings is expected to
continue trending by the end of 2020, boosting the revenues of the global market.
Organic segment is currently at a nascent stage, and will offer lucrative growth
opportunities. Certain spices and herbs even find important application in the
medical therapy field. This also is a promising factor that can potentially propel
the demand.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>&nbsp;</span></p>
<p class="MsoNormal" style="text-align: justify;"><span>&nbsp;</span></p>
<p class="MsoNormal" style="text-align:
justify;"><strong><span>Tags</span></strong></p>
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justify;"><span>#How_to_Start_Spices_Production_Business,
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<p style="text-align: justify;">&nbsp;</p></span>
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name in the industrial world for offering integrated technical consultancy
services. Its various
services are: Pre-feasibility study, New Project
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setting up new industrial projects and industry.
NPCS also publishes varies technology books, directory,
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making business. Besides being used by manufacturers,
industrialists and entrepreneurs, our publications are also used by Indian and
overseas
professionals including project engineers, information
services bureau, consultants and consultancy firms as one of the input in their
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